You are here

Daily Dispatches

Allan Flynn: 'When gold goes above 1430, we whack it'

Section: Daily Dispatches

11:07a ET Wednesday, December 14, 2016

Dear Friend of GATA and Gold:

Gold researcher Allan Flynn today examines the electronic exchanges of bullion bank traders plotting their manipulation of the gold market, exchanges recently disgorged by Deutsche Bank to settle the anti-trust lawsuit against it in federal court in New York.

Trump's plans threatened by strong dollar conundrum

Section: Daily Dispatches

By Sam Fleming and Shawn Donnan
Financial Times, London
Tuesday, December 13, 2016

Koos Jansen: With gold price down, Chinese demand remains strong despite import curbs

Section: Daily Dispatches

1:11p ET Tuesday, December 13, 2016

Dear Friend of GATA and Gold:

Gold researcher Koos Jansen reports today that gold demand in China remains strong, adding that it seems unlikely that the Chinese government will interfere much with gold imports. Jansen's report is headlined "November Gold Price Down, Chinese Demand Strong Despite Import Curbs" and it's posted at Bullion Star here:

Venezuelans rush to stash cash before biggest bill is voided

Section: Daily Dispatches

By Andrew Rosati
Bloomberg News
Monday, December 12, 2016

Venezuelans on Monday were wearily rushing to deposit bank notes or dump their cash savings entirely following an announcement by President Nicolas Maduro that he was invalidating the country's biggest bill because of what he says is an attack on the nation's liquidity.

Central banks are losing control of interest rates, Turk tells King World News

Section: Daily Dispatches

2:36p ET Monday, December 12, 2016

Dear Friend of GATA and Gold:

Central banks are losing control of interest rates, which are signaling inflation and trouble for bonds and banks, GoldMoney founder and GATA consultant James Turk tells King World News today. An excerpt from his interview is posted at KWN here:

http://kingworldnews.com/james-turk-central-banks-are-finally-losing-con...

Mining giant Agnico Eagle buys into Yukon's White Gold district

Section: Daily Dispatches

By Dave Croft
Canadian Broadcasting Corp., Toronto
Monday, December 12, 2016

Yukon prospector Shawn Ryan says a deal has been struck to bring another major gold mining company into the White Gold district, south of Dawson City.

Bloomberg notes silver riggers' collusion, so how about central banks' collusion vs. gold?

Section: Daily Dispatches

12:53p ET Monday, December 12, 2016

Dear Friend of GATA and Gold:

Bloomberg News today excerpts some of the most incriminating electronic exchanges between bullion bank traders colluding to manipulate the silver market, exchanges documented by Deutsche Bank as part of its settlement of the class-action lawsuit brought against it in federal court in New York.

Singapore is a safe haven for gold investors

Section: Daily Dispatches

By Andrea Soh
The Straits Times, Singapore
Monday, December 12, 2016

SINGAPORE -- Two years after the Great Financial Crisis, Michael Tan (not his real name) took his life savings and converted 70 percent of it into precious metals.

Indian gold imports said to jump to year's high in November

Section: Daily Dispatches

By Shruti Srivastava and Swansy Afonso
Bloomberg News
Monday, December 12, 2016

Gold imports by India, the second-biggest consumer, are said to have climbed 10 percent in November to the highest this year, according to a person familiar with provisional Finance Ministry data. Demand increased as jewelers built up stockpiles for the marriage season, a trade group said.

India's top gold import bank suspends some bullion dealer accounts

Section: Daily Dispatches

By Rajendra Jadhav and Devidutta Tripathy
Reuters
Monday, December 12, 2016

MUMBAI, India -- Axis Bank Ltd., India's top importer of gold, has suspended the bank accounts of some bullion dealers and jewellers after two of its executives at a branch were arrested over alleged money laundering.

Pages